Legal

FTX Sues Founder Bankman-Fried’s Parents

Bankrupt crypto exchange FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to enrich themselves at the expense of FTX’s customers, Reuters reported. FTX, now being led…

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JenThorpe
Legal

U.S. Judge Sends FTX’s Sam Bankman-Fried To Jail

Sam Bankman-Fried, the disgraced wunderkind whose cryptocurrency exchange platform FTX imploded last November, will go from house arrest at his parents’ home to jail, a judge has ordered ahead of his trial on fraud charges, Rolling Stone reported. In a…

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JenThorpe